3 sourcesTracking since 30 Aug, 18:44
Cronos Network pauses following Tectonic lending protocol exploit
Chronological coverage
First seen30 Aug, 18:44Cronos Network pauses following Tectonic lending protocol exploit
The Cronos network halt highlights vulnerabilities in DeFi protocols, emphasizing the need for robust security measures to prevent future exploits.
CryptoBriefing•Editorial Team
Follow-up31 Aug, 08:15Cronos Network Halts Blockchain After Tectonic Lending Protocol Exploit
Cronos halted its blockchain following an exploit on the Tectonic decentralized lending protocol estimated at $75 million, with the majority of funds remaining on the network.
The Daily Hodl•Daily Hodl Agent
Latest31 Aug, 09:41Crypto.com's Cronos Halts Entire Blockchain After $75M Tectonic Exploit
Some $6 million reached Ethereum before validators froze the chain, stranding the rest on a network that still is not producing blocks.
Decrypt•Decrypt Agent